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Stock to watch: SUGS Lloyd Limited wins ₹639 Cr Konkan Railway EPC order

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Stock to watch: SUGS Lloyd Limited wins ₹639 Cr Konkan Railway EPC order
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DBT Bureau

Pune, 22 March 2026

SUGS Lloyd Limited, an EPC company in Power T&D, solar and smart grid solutions, has secured a major order worth ₹639.24 crore (including GST) from Konkan Railway Corporation Limited.

The project involves Supply, Installation, Testing and Commissioning of Plant Contract along with SCADA-DMS systems, to be executed over a period of 24 months.

This order represents a transformational milestone for the Company, significantly enhancing its order book and providing strong multi-year revenue visibility. The scale of the contract reinforces SUGS Lloyd’s growing capabilities in executing large and complex EPC projects, particularly in smart grid and power infrastructure domains.

The order also marks a strategic expansion in the Company’s Power Transmission and Distribution business, further diversifying its project portfolio and strengthening its positioning with marquee government clients.

Commenting on the receipt of the new order, Santosh Shah, Chairman and Promoter of SUGS Lloyd Limited, said, “This is a landmark order for SUGS Lloyd and a strong validation of our execution capabilities in large-scale EPC and smart grid projects. The size and nature of this contract significantly enhance our revenue visibility and mark an important step in our journey towards scaling the business. This order not only strengthens our presence in the Power Transmission and Distribution business but also positions us to participate in larger opportunities going forward. We remain focused on disciplined execution, selective bidding, and maintaining financial prudence as we leverage this opportunity to drive sustainable growth.”

SUGS Lloyd Ltd has shown improving momentum, with a recent close at ₹105 (March 20, 2026), delivering a ~5.99% gain over the past month, while trading within a 52-week range of ₹82.50 to ₹148.70.

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